Comparison — 2026

SignalDeck vs Edgewonk

Edgewonk built its reputation on psychology journaling. SignalDeck was built to quantify your edge — with a real backtester, real-time analytics, and R-Multiple as the organizing principle of everything.

SignalDeck: Free (Beta) Edgewonk: ~$16.50/mo (billed $197/yr)

Choose SignalDeck if...

  • You trade on MT4/MT5 and want automatic import with real-time live balance sync
  • You trade on IBKR, cTrader, Robinhood, Schwab, Fidelity, E*TRADE, or Coinbase
  • You want a real rule-based backtester, not manual R-entry
  • You need Walk-Forward Analysis to detect strategy overfitting
  • You want real-time analytics in a modern web interface
  • You trade forex or crypto and need native pip/leverage support
  • You want SQN scoring and Kelly Criterion sizing built in

Choose Edgewonk if...

  • Psychology journaling is your primary focus
  • Psychology journaling depth (diary, mindset tracking, Edge Finder) is your primary focus over analytics
  • You're already using their Edge Finder algorithm
  • You need import from legacy or niche brokers beyond SignalDeck's coverage

The only trading journal with Walk-Forward Analysis, Monte Carlo, and grid-search optimization.

Feature Comparison

Feature SignalDeck Edgewonk
🔔 Alerts & Monitoring
Live alerts on open positions ✅ Price + break-even
⚡ Strategy Backtester
Strategy Backtester ✅ Full Engine ⚠️ No rule-based backtester
Walk-Forward Analysis ✅ Overfit Detection
Monte Carlo Simulation ✅ 1,000 paths
Parameter Optimization ✅ Grid Search (500 combos)
Backtest ↔ Journal Overlay ✅ Strategy Link
Save Backtests (Notebooks) ✅ Save & Compare Runs
R-Value Analytics
R-Value Native Framework ✅ Core Design
SQN Score
Kelly Criterion Sizing
Structured Post Mortem ✅ 5-Step Protocol
Execution Quality (MAE/MFE)
Real-Time Analytics ✅ Live Polygon data ❌ No real-time data
Platform
Psychology / Behavioral Tags ✅ Diary + Mental Journal
MT4/MT5 Import + Live Balance Sync ✅ MT4/MT5 via MetaApi
IBKR Import ✅ Flex Web Service
cTrader · SnapTrade (Robinhood, Schwab, Fidelity, Coinbase)
Legacy Broker Breadth (200+) ⚠️ CSV formats (no live sync)
CSV Import/Export
Native Forex Support
Native Crypto Support
⚡ Futures Trading (ES/NQ/CL/GC) — New v1.0.59
Native Futures (ES/NQ/CL/GC) ✅ Tick Math + Globex ❌ No futures support
Tick-Aligned P&L Math ✅ Auto Contract Spec
CME Globex Session Monitoring ✅ DST-Aware
Monthly Price Free (Beta) ~$16.50/mo ($197/yr)

View full comparison with all 6 competitors

The "Backtester" Problem

Edgewonk's backtester asks you to manually input R-multiples for each historical trade. That is not backtesting — it is retrospective journaling. A real backtester executes strategy rules against historical price data without human input. SignalDeck does the latter.

Edgewonk "Backtester"

  • You manually enter each trade's R-multiple
  • No price data, no rules, no automation
  • Can't tell you if your parameters are overfitted
  • No Walk-Forward Analysis, no Monte Carlo

SignalDeck Backtester

  • Executes strategy rules against historical OHLCV data
  • Walk-Forward Analysis detects overfitting automatically
  • 1,000-path Monte Carlo for worst-case drawdown
  • Grid-search finds optimal parameters across 500 combos
Futures Trading — New v1.0.59

SignalDeck vs Edgewonk: Futures Support

Edgewonk has no futures support. The platform was built for equities and forex and treats every trade as a share or lot position. There is no concept of contract size, tick value, or CME Globex session windows. A manually-entered ES trade in Edgewonk would calculate P&L as shares × price delta — wrong by a factor of 50x contract size. SignalDeck knows that ES is 50 × $0.25/tick = $12.50/tick, validates every entry and stop against tick size, and gates alert evaluation to Globex hours. For futures traders, this isn't a minor difference in polish — it's the difference between correct and incorrect P&L on every trade.

ES · $12.50/tick NQ · $5.00/tick Auto Contract Spec Globex Session Gate Front-Month Search
Full Futures page →
SignalDeck · ESU6 long
Tick move 58 ticks
× $12.50 × 2 contracts +$1,450
R-Multiple +2.9R
Price

Edgewonk is $197/year billed annually (~$16.50/month) with no monthly option and no free tier. There is no way to try before you commit to a year. SignalDeck is free during the entire beta period with all features accessible, and paid plans launch at Pro $30/mo and Elite $50/mo — with grandfathering for existing beta users.

Note

Edgewonk is a web-based application with a spreadsheet-inspired interface. It does not have real-time analytics or live price data. If you want analytics that update as markets move, SignalDeck's Polygon.io integration provides live price polling and automatic P&L updates. Edgewonk also does not offer live or chat-based support — questions go to email with no stated response SLA.

Compare support quality across all 6 trading journals

Frequently Asked Questions

Does Edgewonk have a strategy backtester?

Edgewonk has a feature called a backtester that requires you to manually enter R-multiples for historical trades — it does not execute rules against historical price data. SignalDeck has a true rule-based backtester with Walk-Forward Analysis, 1,000-path Monte Carlo simulation, and grid-search parameter optimization.

How does SignalDeck compare to Edgewonk for R-Multiple tracking?

Edgewonk lets you manually enter R-multiples in a spreadsheet-style interface. SignalDeck calculates R-multiples automatically from entry, stop, and exit prices and uses R as the core organizing principle — every metric flows from risk-normalized R-value, including SQN, Kelly Criterion, equity curves, and Post Mortems.

Is SignalDeck or Edgewonk better for psychology tracking?

Edgewonk has a strong psychology focus with Diary and mental state tracking. SignalDeck adds a structured 5-step Post Mortem protocol that goes beyond free-text psychology notes into a systematic review process (Setup Diagnosis → Management Diagnosis → Verdict → Training Gap → Mentor Feedback).

Does Edgewonk support futures trading?

No. Edgewonk does not support futures instruments. The platform treats all trades as equity or forex positions — there is no contract-spec engine, no tick-aligned P&L calculation, and no CME Globex session awareness. A futures trader logging ES or NQ trades in Edgewonk would get incorrect P&L unless they manually pre-convert everything. SignalDeck natively supports ES, NQ, CL, and GC with automatic contract spec fetching, tick-aligned P&L math, and Globex session monitoring. See the SignalDeck Futures page for full details.

Does Edgewonk support crypto?

Edgewonk does not natively support crypto. SignalDeck supports crypto natively with 24/7 market logging, multi-exchange tagging (Binance, Coinbase, Kraken, Bybit), spot and leverage journaling, and the full R-value analytics framework.

How much does Edgewonk cost?

Edgewonk is $197/year billed annually — approximately $16.50/month. There is no monthly billing option and no free tier. SignalDeck is free during beta with all features unlocked. Paid plans launch June 2026 at Pro $30/mo, Elite $50/mo — existing beta users are grandfathered.

Does Edgewonk have live or chat support?

Edgewonk does not offer live chat or direct-access support — queries go to email with no stated turnaround SLA. SignalDeck provides direct Discord access to the founder. Setup questions, feature requests, and bug reports are handled in the same Discord channel where development happens.

Further Reading